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Article: The Salt Lake Tribune business insight column.(Column)
- Article from:
- The Salt Lake Tribune (Salt Lake City, UT)
- Article date:
- February 26, 2007
CopyrightCOPYRIGHT 2007 The Salt Lake Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Feb. 26--AZERBAIJAN HOPES FOR DEEPER ECONOMIC TIES WITH U.S.: Elin Suleymanov is Azerbaijan's consul general in Los Angeles.
QUESTION: What is being done to develop and promote the non-oil sectors of Azerbaijan's economy?
ANSWER FROM SULEYMANOV: The economy reached an unprecedented 35 percent growth rate in 2006 and is indeed fueled mostly by energy. Increasingly, though, the most impressive growth is taking place in areas such as transportation, communications and construction. We realize the urgent need to diversify our economy and avoid long-term overdependence on the oil sector.
Q: Are there opportunities for Utah companies to do business ...